Covetrus announces new strategic partnership with Heart + PawJune 27, 2019Covetrus has announced it will serve as the supply chain partner for Heart + Paw, an integrated pet care company led by former Banfield CEO Vincent Bradley.
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Covetrus delivers 2,000th puppy care packageJune 4, 2019Covetrus has delivered its 2,000th puppy care package to volunteers who train assistance dogs in support of Canine Companions for Independence. For the last four years, the company has equipped volunteer puppy raisers, who are responsible for socializing and training the puppies, with a puppy care package supplied with vital products for raising the puppy during the first 18 months of its life. The nonprofit organization is dedicated to providing highly trained assistance dogs at no charge to recipients with disabilities. "We are thrilled to have delivered our 2,000th Puppy Care Package in support of Canine Companions for Independence," says Davey Stone, Covetrus vice president of specialty markets and corporate philanthropy. "This philanthropic initiative was designed and managed by Covetrus employees wanting to support volunteers who raise puppies for Canine Companions and the veterinarians who provide their care. It has been a rewarding mission for our employees, and a wonderful channel for their compassionate philanthropic spirit." During the 18 months with their puppy raiser, the future assistance dogs must learn 25 commands to enable them to assist their future partners, including opening doors, retrieving items, or pulling a wheelchair. Afterward, the puppies move to professional training for four to six …
Covetrus integrates prescription management platform with eVetPracticeMay 23, 2019Covetrus is integrating its eVetPractice with its prescription management technology to provide veterinarians a more synchronized and streamlined user experience. "We're very pleased to offer practices using AVImark, ImproMed, and, now, eVetPractice, an unparalleled level of integration with our prescription management technology," says Chris Dollar, senior vice president of Covetrus' global software services. "Driving innovation, enhancing our practice management capabilities, and simplifying the experience for our customers is at the core of our mission." Even with flea, tick, and heartworm disease on the rise, compliance for veterinary prescriptions and preventative medications is low. Restructuring the workflow through Covetrus' practice management system can help remove administrative burden, drive greater client engagement, and improve health and financial outcomes. "One of our top priorities was to integrate our eVetPractice and prescription management capabilities to streamline and enhance performance for the practices," says Georgia Wraight, president of Covetrus' global prescription management. "By automating documentation and making prescription management easier for eVetPractice customers, we can now deliver a more seamless experience and empower veterinarians with tools to drive improved compliance." Other benefits of the real-time integration include synchronization between online prescription management and clinic software, coordinating and tracking the status of prescription authorizations and …
Covetrus signs deal with Mars Petcare for exclusive dental health and medication productsMay 8, 2019Covetrus is now the exclusive supplier of Mars Petcare's Greenies Dental Treats and Pill Pockets. The deal allows veterinarians to purchase the products for both their in-clinic and ecommerce/auto-ship channels, helping to differentiate themselves from online competitors. "With our customer reach, differentiated go-to-market strategy, and our industry-leading service organization, Covetrus is uniquely suited to partner with Mars Petcare to drive increased adoption of dental health solutions and medication administration tools for our customers and their clients," says Matt Leonard, Covetrus's executive vice president, president of North America and global supply chain officer. "This new partnership highlights the opportunity we have at Covetrus to continuously help support veterinarians deliver cost-effective solutions and enhance their client experience." Both Greenies Dental Treats and Pill Pockets are designed to simplify oral care and medicating solutions for pet owners.
IDEXX files voluntary dismissal in Vets First Choice lawsuitMay 2, 2019IDEXX Laboratories has dropped a lawsuit against two of its former staff members and Vets First Choice after alleging the employees took confidential material to their new employer. In a joint statement, Covetrus and IDEXX say they agreed to resolve the matter to an amicable resolution. The lawsuit was dismissed with prejudice. (Covetrus is the newly formed company after Vets First Choice merged with Henry Schein.) Last August, IDEXX announced it was taking two former employees and Vets First Choice to court. The lawsuit stated Dan Leach and Agostino Scicchitano did not reveal they resigned from IDEXX to gain employment with Vets First Choice and engaged in alleged "actual and/or threatened misappropriation of trade secrets." Further, it claimed the two employees took private information from company computers when they moved to their new employer. In the statement, Covetrus and IDEXX acknowledge "their respective obligations to their customers and employees to take appropriate measures to safeguard and ensure proper handling of confidential information." IDEXX was seeking unspecified monetary damages, punitive damages, and legal fees. The company's lawyers were also asking for an injunction to block the defendants' "actual or threatened disclosure or utilization of IDEXX's trade secrets."
Peeva and Covetrus helping to identify lost petsApril 15, 2019Peeva and Covetrus are working together to help bring lost pets home. Using Peeva's radio frequency identification (RFID) tag system, the Covetrus Connected Marketplace provides a single point of integration with most practice management systems (PIMS), helping to instantly identify a pet's owner when the tag is scanned. "Peeva's RFID tag technology and centralized database helps ensure these loved ones are safely returned to their families," says Peeva CEO, Michael Hamilton. "Pet medical information is key to ensuring accurate and rapid identification of a pet's owner, which is why this strategic partnership with Covetrus is so important. It affords us the opportunity to scale quickly by delivering a secure and permissions-based PIMS-integrated solution to the many veterinary practices to which Covetrus provides services."
Covetrus launches as newly formed companyFebruary 8, 2019Henry Schein Animal Health and Vets First Choice, two unique and complementary businesses in the animal-health industry, have combined to form Covetrus. Under the newly formed company, Covetrus says it will provide veterinary practices with a more comprehensive set of integrated services and technology solutions, tools to strengthen client relationships and growth, and improved workflow and cost-effectiveness through efficient delivery of next-generation solutions. The new company will trade under the NASDAQ stock market under the symbol CVET. "[This] marks an important new chapter in the world of veterinary medicine, as we launch Covetrus as a new company listed on NASDAQ," says Benjamin Shaw, president and chief executive officer. "We look forward to strengthening our customer relationships and expanding our veterinary practice partnerships worldwide, as we bring more comprehensive and powerful solutions to market to meet their evolving needs and improve health and financial outcomes." As part of the spin-off, Henry Schein received approximately $1.1 billion in what is expected to be tax-free proceeds that will be used to pay debt.
